Up until now a nascent part of the investment universe, the tide appears to be turning for the private credit secondaries market.
2 min read · 13 April 2023
The hunt for yield may have been replaced by the hunt for capital, but KKR thinks it’s still good news for private debt. Plus: two surveys contain promising indications of investor sentiment; and we bring your attention to our Mid-Market Lending report. Here’s today’s brief for our valued subscribers only.
5 min read · 13 April 2023
The fund, which exceeded its $9.5bn equity target, has invested approximately $6bn in subordinated debt in 24 investments.
2 min read · 11 April 2023
The loans represent small portions of activity for the GP-led vehicles, but they can be used for certain funding and buyer needs.
6 min read · 11 April 2023
The firm has completed five deals across northern Europe, including its first in Denmark.
1 min read · 11 April 2023
The firm is seeking to raise around €300m for its BNP Paribas European Enhanced Real Estate Debt Fund.
2 min read · 10 April 2023
PIMCO-backed Columbia Property Trust defaulted on $1.7bn in February.
3 min read · 10 April 2023
Last week saw the Fairmont Singapore play host to our 2023 APAC Forum, with a record number of delegates keen to discuss the growth of private debt in the region.
3 min read · 06 April 2023
Fund’s first close may be a sign that venture debt activity has survived the seizure of Silicon Valley Bank.
2 min read · 06 April 2023
Our April cover story examines prospects for the non-sponsored market. Plus: the drop in fees for continuation vehicles; and growing demand for private debt from insurers. Here’s today’s brief for our valued subscribers only.
5 min read · 06 April 2023
